Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Purchased by Newman Dignan & Sheerar Inc.

Newman Dignan & Sheerar Inc. boosted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 152,718 shares of the company’s stock after acquiring an additional 6,606 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for 2.0% of Newman Dignan & Sheerar Inc.’s investment portfolio, making the stock its 11th biggest position. Newman Dignan & Sheerar Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $7,656,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VTEB. Safe Harbor Fiduciary LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth about $29,000. Bogart Wealth LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% during the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after purchasing an additional 559 shares in the last quarter. Peterson Wealth Services acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $80,000. New Republic Capital LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $83,000. Finally, Eastern Bank acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth about $86,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $50.19 on Friday. The stock’s 50-day moving average is $50.16 and its two-hundred day moving average is $50.52. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.1317 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

About Vanguard Tax-Exempt Bond ETF

The Vanguard Tax-Exempt Bond ETF (VTEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade debt issued by state and local governments and agencies. Interest is exempt from US income tax and from AMT. VTEB was launched on Aug 21, 2015 and is managed by Vanguard.